EIA: Shale gas production declining this year

If current trend continues, it would be first annual decrease in production since at least 2000

The U.S. Energy Information Administration (EIA) reports that U.S. natural gas production from shale and tight formations, which accounts for 79% of dry natural gas production, decreased slightly in the first nine months of 2024 compared with the same period in 2023.

If this trend holds for the remainder of…

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